approach, adjusted book value approach, price to book value approach and net present value approach, performed by Orion Advisory Company Limited as the financial advisor of the Company. However, the

expected credit losses by considering economic conditions in the past, present and future under various assumptions and circumstances. Meanwhile, the impact of the Covid-19 outbreak on the Thai and global

shares, having a par value of Baht 10 per share. Its authorized director, as of 30 November 2018, is Mr. Jirasak Prempojwattana. At present, S-TREK has no subsidiary and/or joint company. S-TREK is a

financial institutions. A summary of the key operational matters and events for the 1st Quarter 2018 GFPT Group had total revenue from sales of THB 3,958.50 million in 1Q2018, representing a decrease of THB

operational performance whereas less loss from the overseas subsidiaries. 6 Net profits and net profits margin Net profits were THB 2,468 million, an increase of THB 1,508 million or 157.0%, representing a

Khiang. At the branch support and back- office, the Group will put efforts and resources into improving operational efficiency by investing in IT systems. Performance New Branch Openings in 2019 Brand

growth in comparison to admin expense growth. • In 2019, net profit was THB 237 million which increased by THB 90 million or 61% from 2018, due to operational efficiency and economies of scale of operating

investment in its subsidiary company approximately 14 million Baht. The Group’s management is currently implementing financial and operational measures to improve the subsidiary’s future performance.  Profit

its eye on new store development, Consumer Brands product launch and new international franchise opportunities. Financial and Operational controls have been reassessed and repositioned to allow the

ratio, however, decreased from 41.1% to 39.6% primarily as a result of improved operational efficiency and cost management especially in Outdoor media business. Consequently, the gross profit was up 26.7